International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Canceled

Bank Risk Rating

C

Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.

Voting Date

Jun 30, 2016

The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.

Borrower

Government of Bangladesh

The holder of the loan, grant, or other investment.

Sectors

Finance

The service or industry focus of the investment. A project can have several sectors.

Project Description

This project funds improvements to Bangladeshi state owned banks, with the goal of modernizing banking practices and improving services offered. The project will provide reviews of current bank policies and procedures, as well as provide advisory support.

Investment Description

World Bank (WB)

Contact Information

World Bank
Contact: Marius Vismantas
Title: Lead Financial Sector Speciali
Tel: 473-5591
Email: mvismantas@worldbank.org
Contact: Shah Nur Quayyum
Title: Financial Sector Specialist
Tel: 5764+4239 /
Email: squayyum@worldbank.org
Borrower/Client/Recipient
Name: Peoples Republic of Bangladesh
Contact: Dr. Aslam Alam
Title: Secretary
Tel: 88029576013
Email: maslam@finance.gov.bd
Implementing Agencies
Name: BFID
Contact: Dr. M. Aslam Alam
Title: Secretary
Tel: 88029576013
Email: maslam@finance.gov.bd
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.